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Waverly Village Apartments

FHA New Construction & Substantial Rehab

Endorsed February 14, 2019

FHA #11435778

Deal Details

Location
NEW WAVERLY, Texas
Mortgage Amount
$2.1M
Units
50
Program
New Construction & Substantial Rehab
Lender
DAVIS-PENN MTGE
Fiscal Year
FY2019
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$2.0M($2.1M original)
Interest Rate
4.50%
Maturity
May 2060(34 years remaining)
Original Term
40 years
Holder
DAVIS-PENN MORTGAGE CO
Servicer
DAVIS-PENN MORTGAGE CO

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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